Glossary: Estate Sale

A statement of wishes (also called a letter of wishes) is a non-binding document that explains your intentions and guidance alongside your will.

It provides informal direction on how you would like certain matters handled, without creating legally enforceable obligations.

What a statement of wishes does

A statement of wishes offers context and guidance beyond formal legal instructions.

It allows you to:

• explain decisions made in your will
• provide guidance on distributing personal items
• share preferences that may not fit into legal documents
• leave personal messages or clarifications

It supports those responsible for carrying out your wishes.

Why you need a statement of wishes

A will often focuses on legal distribution, but may lack personal context.

Without a statement of wishes:

• decisions may feel unclear or impersonal
• executors may lack guidance in ambiguous situations
• personal intentions may not be fully understood

With a statement of wishes:

• your reasoning and preferences are clearer
• executors have helpful guidance
• personal elements can be included without legal constraints

What a statement of wishes includes

A statement of wishes may include:

• guidance on personal belongings
• explanations of decisions in the will
• preferences for specific situations
• personal messages to family members

It can be detailed or simple, depending on your needs.

What a statement of wishes does NOT do

A statement of wishes does not:

• have legal or binding effect
• replace a last will and testament
• guarantee that instructions will be followed

It is advisory, not enforceable.

When you need a statement of wishes

You may use a statement of wishes when:

• you want to provide context beyond legal documents
• you have personal preferences not suited for a will
• you want flexibility without legal formalities

It is especially useful for nuanced or personal matters.

Common misunderstandings

Some common misconceptions include:

• assuming it has legal authority
• confusing it with a will
• relying on it for decisions that require legal certainty

It should complement, not replace, formal documents.

Related documents

• Last Will and Testament
• Ethical Will
• Legacy Letter
• Executor

Practical note

A statement of wishes is most effective when it is kept alongside your will and updated as your preferences change.